Seidy Lasker
Wash Sale Rules for Options
2 January 2025 | 1 reply
Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.
Blake McWilliams
Raising Private Capital. Tips and Tricks
5 January 2025 | 4 replies
While sophistication of your equity partners (private money lenders) will vary between residential and commercial, the principle of raising private capital is the same.You need to develop your own system which allows a constant stream of PML even when you don't need the funds and/or don't have an active deal under contract.For example; I raise private capital by offering free educational workshops for people with self-directed IRAs.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
Your active duty allows you to extend the 5 years to 10.
Marc Shin
Boardgames and other low cost amenities in STR
28 December 2024 | 19 replies
Many folks don't drink and might be annoyed, in recovery etc.We do put out a nice welcome basket with some drinks and snacks.
Nirek Rao
Attorney specializing in immigration + business + tax laws
1 January 2025 | 1 reply
Hi Everyone,I am looking to get started with doing rental arbitrage with my cousin who is a Green Card holder, however, I am on a H1B Visa which restricts my ability to earn income "actively".
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
Visit with people there and you'll get a more detailed look at things from people actively working in the areas.
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
It's tough to give a definitive answer without knowing your specific investment goals (cash flow, appreciation, etc.) and preferred strategies (BRRRR, wholesaling, etc.).However, since I'm a Cleveland native and active in the real estate market here, I can offer some insights on why Cleveland could be a good fit:Affordability: Compared to many other major metros, Cleveland offers a relatively low barrier to entry.
Audrey Sommer
Texan Markets Near the Mexican Border
30 December 2024 | 1 reply
In these markets, I would be worried about crime, activity of illegal immigrants, and such.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
The swap involved exchanging oil operations sites for wetland areas, allowing for habitat restoration while consolidating oil extraction activities/ 2.
Evan Coopersmith
Looking to buy a multifamily property in 2025
14 January 2025 | 19 replies
Pairing that with relationship-building will help you uncover off-market opportunities and find local experts who can guide you.For meetups, here are a few ideas:Indianapolis Real Estate Investors Association (Indy REIA): They have a mix of virtual and in-person events and are a good starting point for networking with other investors in the Indy market.Louisville Real Estate Investors Group (REIG): A similar organization for the Louisville market, with educational and networking opportunities.Check out BiggerPockets Meetups: Many cities have local meetups organized by investors active on BiggerPockets, and they often include virtual options.Facebook Groups: Look for local investing groups like "Indianapolis Real Estate Investors" or "Louisville REI."